Saturday January 29-th, 2022

India's GDP shrinks 23.9% in worst quarter on record India's GDP shrinks 23.9% in worst quarter on record

But still almost 80,000 new cases are being confirmed on a daily basis in the country. That could delay the consumption-driven economy from fully reopening. "In these circumstances, the usual data sources were substituted by alternatives like GST, in...

In Pittsburgh, Biden to blame Trump for violence nationwide In Pittsburgh, Biden to blame Trump for violence nationwide

The president has increasingly relied on a message that violent agitators are threatening U.S. cities and suburbs while being given a pass by the "radical left". Trump's solution: Children must be taught that America is "an exceptional, free and jus...

Amazon package-delivery drones approved by FAA Amazon package-delivery drones approved by FAA

Instead, it indicates that the FAA has reviewed all of Amazon's safety procedures, and the company has passed muster. The FAA on Saturday gave Amazon the badge of approval for its unmanned aircraft delivery system - which ultimately aims to deliver...

Mitsubishi Motors executive behind Nissan alliance dies

He became the automaker's president in 2005, and oversaw the creation of the partnership between Mitsubishi and Nissan Motor Co . The former chairman's death comes as the alliance between Mitsubishi, Nissan and French automaker Renault SA st...

Apple stock keeps climbing after 4-to-1 split Apple stock keeps climbing after 4-to-1 split

Visit Business Insider's homepage for more stories . Robinhood and other brokerages increasingly let customers buy fractions of individual shares, making the benefit of stock splits less obvious than in the past. Ryan Detrick, chief market stra...

Fed Ambiguity May Hold Gold Rangebound Over Near-Term Fed Ambiguity May Hold Gold Rangebound Over Near-Term

Copper traders "apparently sees the [Chinese] nonmanufacturing PMI improvement as a sign that the economic recovery is broadening", said analysts at Zaner Metals, in a note Monday. Navneet Damani, vice-president, commodities research at Motilal Oswal...

Lenovo unveils a $50 Google Assistant-powered Echo Dot with Clock rival Lenovo unveils a $50 Google Assistant-powered Echo Dot with Clock rival

It'll also act as a night light if you want some illumination as you stumble to the bathroom. In addition to the Google Assistant , the Smart Clock Essential has an alarm that can be set either through voice commands or via buttons on the device...

Nestle to buy Aimmune for $2.6 billion Nestle to buy Aimmune for $2.6 billion

Nestle has reached a deal to buy biopharmaceutical company Aimmune Therapeutics for $34.50 per share in cash, a 174% premium to Aimmune's closing price on August 28. Sandler said the COVID-19 crisis "essentially killed the launch of Palforzia "....

Tesla shares jump 12% on first day of post-split trading

Splitting stocks is a way for companies to make it less expensive to buy individual shares although moves by some retail brokerages to offer slices or fractions of shares to smaller investors has made the impact increasingly marginal. Tesla's stock ...

Alberta to outline $20B-plus deficit in financial update Alberta to outline $20B-plus deficit in financial update

But Toews' press secretary Jerrica Goodwin said the change in deficit in 2019-20 is primarily related to reductions in revenue which she said occurred after the tabling of Budget 2020 on February 27. By the end of the fiscal year, Alberta's economy i...

Happy 90th birthday to Warren Buffett Happy 90th birthday to Warren Buffett

In five years, $1,000 earning 10% would be worth more than $1,600; 10 years of 10% growth would turn it into nearly $2,600; in 25 years, it would amount to more than $10,800; in 50 years, it would compound to almost $117,400. "But one thing we discov...

Huawei quits oldest sports sponsorship deal after 9 years Huawei quits oldest sports sponsorship deal after 9 years

Last year, Huawei renewed its sponsorship deal for two years until the end of the 2021 season. Chinese telecommunications giant Huawei has blamed tensions with the Australian government for its decision to pull out as the principal sponsor of the ...

CEO announces United Airlines is dropping its ticket change fees CEO announces United Airlines is dropping its ticket change fees

The customers having basic economy tickets will not be liable to the benefit. Clients with standard economy tickets or premium-class tickets will have the option to change their trips without paying the charge however they will be liable for a dist...

IRS Notice On Presidential Order Deferring Payroll Tax Obligations Creates Additional Uncertainty IRS Notice On Presidential Order Deferring Payroll Tax Obligations Creates Additional Uncertainty

The division between the White House and the tax lawyers at the IRS and Treasury has meant businesses have waited for almost three weeks for guidelines that would implement Trump's directive when it's set to begin next week, according to the people...

Tech Stocks Power S&P 500 For Seventh Session In A Row Tech Stocks Power S&P 500 For Seventh Session In A Row

The last time the Dow sported a year-to-date gain was in late February, when it traded around an all-time high. S&P 500 e-minis were up 5.25 points, or 0.15% and Nasdaq 100 e-minis were down 26.25 points, or 0.22%. The Dow Jones Industrial Average ro...

Stansted Airport: Jets scrambled as terror police detain men Stansted Airport: Jets scrambled as terror police detain men

Two Eurofighter Typhoon jets were scrambled from RAF Coningsby in Lincolnshire to escort Ryanair flight FR7364 from Vienna to Stansted, operated by Austrian low-priced airline Lauda. A spokesman for budget carrier Ryanair said the plane's crew had ...

Brace for worst quarterly economic growth since 1996 Brace for worst quarterly economic growth since 1996

As expected, the only silver lining in the GDP print was the performance of the farm sector which grew 3.4% in the June quarter. It was only on June 1 that partial unlock measures were implemented. "The statistics office could announce GDP contractio...

Warren Buffett's Berkshire Hathaway buys stakes in 5 Japanese trading houses Warren Buffett's Berkshire Hathaway buys stakes in 5 Japanese trading houses

Berkshire said it plans to hold its investments in Japanese firms over the long term and has pledged to only own as much as 9.9 per cent of shares in any of the five companies, unless given specific approval by the investee firm's board of directors....

Bangladesh's Beximco in coronavirus vaccine pact with India's Serum Institute Bangladesh's Beximco in coronavirus vaccine pact with India's Serum Institute

Vital health parameters of the two volunteers, who have been administered the Oxford COVID-19 vaccine candidate at a medical college here as part of the phase II clinical trial, are normal, a senior official from the medical facility said on Thursday...

TikTok says it has not received a bid from Centricus and Triller TikTok says it has not received a bid from Centricus and Triller

On Aug. 14, President Donald Trump issued an executive order forcing ByteDance to either sell or spin-off its TikTok business in the United States within 90 days, citing a threat by the Chinese Communist Party to "access Americans' personal and pro...

Lord & Taylor Closing All Locations Lord & Taylor Closing All Locations

Deep discounts plus departmental promotions will be effective throughout the sale process in store and online, the company said. After almost 200 years in business, Lord & Taylor announced Thursday it will permanently close all of its stores.

Tesla on Autopilot with driver watching movie hits cop vehicle Tesla on Autopilot with driver watching movie hits cop vehicle

A state trooper and a Nash County deputy on Wednesday were on the side of U.S. Highway 64 and responding to a previous crash when the Tesla slammed into the deputy's cruiser, news outlets reported. As of January, the National Highway Traffic Safety...

White House’s Mark Meadows Says He Reached out to Pelosi for Talks White House’s Mark Meadows Says He Reached out to Pelosi for Talks

House Speaker Nancy Pelosi (D-Calif.), accompanied by Senate Minority Leader Chuck Schumer (D-N.Y.) speak to reporters following a meeting with Treasury Secretary Steven Mnuchin and White House chief of staff Mark Meadows as they continue to negotiat...

Cloudflare is experiencing a Sunday morning interruption Cloudflare is experiencing a Sunday morning interruption

A spokesperson for Cloudflare also confirmed the outage. The outage was influencing all data centers that use the transit provider . Ensuring the reliability of our services is our top priority. Television service is offered through satelite provide...

Bollinger reveals its electric Deliver-E delivery van Bollinger reveals its electric Deliver-E delivery van

Bollinger Motors has revealed a new electric van that will expand its line-up beyond the pick-up truck and SUV it already has slated for production. It also has a tapered shape when viewed from above, with a wider rear track to improve cargo space...

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